• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Regulation

Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation

Moussa by Moussa
January 1, 2025
in Regulation
0
Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Join Japan's Web3 Evolution TodayJoin Japan's Web3 Evolution Today

Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH (approximately $170,000) to support the legal defense of Roman Storm, a Tornado Cash developer.

The donation, confirmed by Storm on Dec. 31, marks another significant gesture by Buterin in defense of privacy and open-source development within the crypto space.

Storm expressed heartfelt appreciation for Buterin’s contribution while acknowledging the Ethereum co-founder’s ongoing support during a challenging time. He wrote:

“Immense gratitude to Vitalik Buterin for his generous donation to my legal defense fund. Your unwavering support and leadership by example continue to inspire us all. Thank you for standing with me during this challenging time.”

Storm also shared an update on the progress of his legal defense fund, which has so far raised $640,061—33% of the $2 million target.

Storm is scheduled to face trial in the US on April 14 over allegations of money laundering and sanctions violations through the crypto mixing platform Tornado Cash.

Legal efforts

Storm’s donation announcement follows his December motion to dismiss the criminal charges against him.

His legal team argued that a recent court ruling questioning the US Treasury’s authority to sanction Tornado Cash’s immutable smart contracts undermines the case against him.

According to Storm’s lawyers, Tornado Cash’s smart contracts operate autonomously without individual control. They emphasized that this lack of oversight negates claims that Storm knowingly violated the International Emergency Economic Powers Act (IEEPA).

The defense further argued that the government’s case misrepresents Tornado Cash’s decentralized nature. Autonomous smart contracts process transactions independently, making it impossible to attribute their activities to Storm.

They contend that this lack of direct control removes the intent and knowledge required to justify money laundering charges or unauthorized money transmission.

Meanwhile, the case has drawn significant community reaction, with Greg Lang, the founder of Rivet, saying:

“Creating and publishing open source privacy tools is protected speech—not an act in furtherance of any criminal conspiracy that uses the software.”

Mentioned in this article



Source link

Related articles

As quantum ‘Q-Day’ jumps to 2029, Ethereum faces a new fight over what to do with coins left in old wallets

As quantum ‘Q-Day’ jumps to 2029, Ethereum faces a new fight over what to do with coins left in old wallets

March 26, 2026
How L1 and L2s can build the strongest possible Ethereum

How L1 and L2s can build the strongest possible Ethereum

March 23, 2026
Share76Tweet47

Related Posts

As quantum ‘Q-Day’ jumps to 2029, Ethereum faces a new fight over what to do with coins left in old wallets

As quantum ‘Q-Day’ jumps to 2029, Ethereum faces a new fight over what to do with coins left in old wallets

by Moussa
March 26, 2026
0

The crypto industry has framed its quantum reckoning as a single catastrophic “Q-Day” moment when a sufficiently powerful machine arrives,...

How L1 and L2s can build the strongest possible Ethereum

How L1 and L2s can build the strongest possible Ethereum

by Moussa
March 23, 2026
0

The North Star of the Platform team is for Ethereum to scale as a cohesive system and enable confident adoption...

Ethereum gains ground over Bitcoin amid rising US-Iran war

Ethereum gains ground over Bitcoin amid rising US-Iran war

by Moussa
March 18, 2026
0

Ethereum is outpacing Bitcoin as tensions involving the United States, Israel, and Iran continue to shape global markets.Data from CryptoSlate...

The DAO dream is over? Billion dollar crypto company shuts down, kills token launch citing ‘no users’

The DAO dream is over? Billion dollar crypto company shuts down, kills token launch citing ‘no users’

by Moussa
March 18, 2026
0

Crypto governance company, Tally, processed more than $1 billion in payments, served more than a million users, helped secure over...

Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest

by Moussa
March 13, 2026
0

A crypto trader lost over $50 million in Aave-wrapped USDT on March 12 after sending a single large order through...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News